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Travel Expense Rebates And Incentives Result In $40 Million FCA Settlement

Client Alert | less than 1 min read | 07.29.05

PricewaterhouseCoopers has agreed to pay $41.9 million to settle a qui tam civil False Claims Act lawsuit brought by a former partner alleging that the accounting firm had knowingly overbilled various government agencies for travel in conjunction with auditing and consulting work by failing to give the government credit for commissions, rebates, and incentives that travel companies and credit card issuers extended to the firm. The former partner turned whistleblower, who alleged that the accounting firm's management ignored internal complaints about the practice, reportedly is expected to receive between 15 and 25 percent of the government's $41.9 million recovery, plus $1.6 million in legal fees and costs.

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Client Alert | 9 min read | 08.02.26

The 2026 ICC Arbitration Rules: A New Era

The International Chamber of Commerce (ICC) has released its revised 2026 Arbitration Rules (the 2026 Rules), which entered into force on 1 June 2026. The 2026 Rules apply to any arbitration commenced on or after 1 June 2026, unless the parties have agreed otherwise. The revisions were driven by increased competition among arbitral institutions—illustrated by recent amendments to the Singapore International Arbitration Centre (SIAC) Rules in August 2025 and the anticipated update to the London Court of International Arbitration (LCIA) Rules....